Overview of Meydan Free Zone in Dubai

Located just minutes away from Downtown Dubai and the world-renowned Meydan Racecourse, Meydan Free Zone (MFZ) is a premier business destination for entrepreneurs and investors seeking cost-effective, flexible, and tax-free company formation in the UAE. As part of Dubai vision to become a global innovation hub, MFZ supports businesses in tech, trading, e-commerce, consultancy, logistics, and sustainable industries.

What is Meydan Free Zone?

Meydan Free Zone is a dynamic and strategically located free economic zone in Dubai, established to empower startups, SMEs, and multinational companies. With its streamlined setup process, 100% foreign ownership, and full repatriation of capital and profits, MFZ caters to a diverse range of business activities across various sectors, including real estate, technology, education, media, and renewable energy.

Highlights of the Company Formation Process

Zero corporate and personal income tax for 50 years
No currency restrictions or import/export duties
Fast business registration and licensing
State-of-the-art office infrastructure
Access to over 1,500+ licensed business activities

Benefits of Setting Up a Business in Meydan Dubai Free Zone

Choosing Meydan Free Zone means unlocking a wealth of benefits that simplify operations and maximize profitability. Here are the key advantages:

100% Foreign Ownership Unlike mainland setups that require a local sponsor, MFZ allows complete foreign ownership, giving you full control of your company.
Tax Exemptions: Enjoy 0% corporate and personal tax, as well as no import/export duties. These tax benefits make MFZ ideal for investors looking to optimize their profits.
Cost-Effective Licensing Packages: Licensing in MFZ starts as low as AED 12,500, making it more affordable than other UAE free zones like DMCC or JAFZA.
Strategic Location:MFZ is centrally located, 10 mins from Burj Khalifa & Dubai Mall, 15 mins from DIFC & Sheikh Zayed Road, 20 mins from Dubai International Airport
Flexible Office Solutions:MFZ offers a range of options, including flexi-desks, virtual offices, and executive suites, supporting all types of businesses, from freelancers to corporates.

Types of Business Licenses Available

MFZ issues several types of licenses tailored to various industries:

Commercial License: For buying, selling, and trading goods.
Professional/Service License: For businesses offering services like consulting, IT, marketing, and design.
Industrial License: For companies involved in light manufacturing and production.
E-commerce License: For online businesses engaged in digital trade and dropshipping.

Step-by-Step Guide to Setting Up a Business

Setting up your business in MFZ is a fast, paper-light process that takes only a few days:

1. Choose Your Business Activity: Select from over 1,500 approved activities covering everything from IT consulting to logistics and media.
2. Decide Legal Structure: Choose between: Free Zone Limited Liability Company (FZ-LLC), Branch Office of an existing company
3. Submit Required Documents: Basic documents include: Passport copies of shareholders and directors, Business plan, Initial approval application
4. Obtain Trade License: Once approved, you'll receive your business license. The cost generally ranges between AED 12,500 and AED 30,000.
5. Open Corporate Bank Account: After registration, you can open a UAE bank account to manage your finances efficiently.
6. Visa Processing: Apply for UAE residency visas for yourself and your employees through the MFZ authority.

Popular Industries Thriving in Meydan Free Zone

Technology & AI: Startups in blockchain, fintech, and artificial intelligence thrive in MFZ.
Logistics & E-commerce: Take advantage of Dubai global trade infrastructure.
Real Estate & Property: Proximity to mega projects makes MFZ ideal for property-related businesses.
Green Energy: Companies focused on sustainability benefit from UAE net-zero initiative.

Meydan Free Zone Compared to Other Free Zones in Dubai

Feature	Meydan Free Zone	DMCC	JAFZA
Cost	Affordable (AED 12,500+)	Premium (AED 30,000+)	Moderate (AED 20,000+)
Focus	SMEs, e-commerce, services	Commodities, gold, trade	Heavy industries, logistics
Location	Central Dubai	JLT	Jebel Ali

Mistakes to Avoid During Business Setup

Skipping Market Research: Always study your target audience and competitors before setup.
Choosing Wrong License Type: This could lead to delays or fines.
Neglecting Compliance: Follow all legal and financial rules to avoid penalties.

Legal & Financial Guidelines for Investors

No minimum capital is required for most business activities.
Annual license renewal is required.
MFZ is eligible for corporate bank accounts and VAT registration.

Tax Incentives for Foreign Entrepreneurs

Meydan Free Zone allows long-term tax exemptions—no personal or corporate income tax for 50 years. This tax-friendly policy appeals to international investors seeking to establish a presence in the Middle East.

Why Choose Mehar Business Solution LLC?

At Mehar Business Solution LLC, we are an authorized business consultant specializing in hassle-free company formation in the Meydan Free Zone. From business license registration to visa processing and UAE banking assistance, our experienced consultants ensure a smooth journey to success.

Dedicated account managers
Tailored business setup packages
Legal and PRO services
Competitive pricing with no hidden charges

Our Additional Business Setup Services

Some FAQ About Meydan Free Zone Service

Q1. What is the Meydan Free Zone?

MFZ is a business hub in Dubai designed to make company setup easier. It offers 100% foreign ownership and a wide range of services for entrepreneurs.

Q2. What types of business licenses can I obtain in this free zone?

Companies can obtain commercial, service, industrial, and e-commerce licenses depending on their activities.

Q3. What are the main benefits of establishing a business here?

Key benefits include 100% foreign ownership, no corporate taxes, full repatriation of profits, and a fast company registration process.

Q4. How do I set up a company in MFZ?

The process involves choosing a business activity, registering a trade name, submitting documents, and obtaining initial approvals before license issuance.

Q5. How long does it take to register a company in this zone?

Typically, registration takes 2 to 5 working days if all documents are complete.

Q6. Is there a minimum capital requirement?

Most activities do not require minimum capital, though some license types may have specific requirements.

Q7. Can I apply for a UAE residency visa here?

Yes, company owners and employees can obtain UAE residency visas through the free zone authority.

Q8. What facilities are available in the zone?

Facilities include modern office spaces, flexi-desks, virtual offices, and warehouse options to suit different business needs.

Q9. Is this free zone tax-free?

Yes, companies benefit from 0% personal and corporate tax, no import/export duties, and full repatriation of profits. VAT applies only if turnover exceeds AED 375,000 annually.

Q10. Can I operate outside Dubai with an MFZ license?

Yes, MFZ companies can trade internationally or within the UAE mainland via distributors. Direct physical operations outside require a separate mainland license. For more details, you can also visit the official Meydan Free Zone Authority website.